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IB Infotech - Quaterly Results

24 Jul 2024 Evaluate
A slight decline in the revenue of Rs. 23.40 millions was seen for the June 2024 quarter as against Rs. 23.64 millions during year-ago period.Net profit declined -8.28% to Rs. 3.10 millions from Rs. 3.38 millions.The company reported a good operating profit of 5.05 millions compared to 4.74 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 23.40 23.64 -1.02 23.40 23.64 -1.02 58.34 29.91 95.05
Other Income 0.00 0.10 -100.00 0.00 0.10 -100.00 0.59 0.16 268.75
PBIDT 5.05 4.74 6.54 5.05 4.74 6.54 10.78 8.43 27.88
Interest 0.24 0.00 0.00 0.24 0.00 0.00 0.00 0.00 0.00
PBDT 4.81 4.74 1.48 4.81 4.74 1.48 10.78 8.43 27.88
Depreciation 0.70 0.23 204.35 0.70 0.23 204.35 0.93 0.32 190.63
PBT 4.11 4.51 -8.87 4.11 4.51 -8.87 9.85 8.11 21.45
TAX 1.01 1.13 -10.62 1.01 1.13 -10.62 2.54 0.73 247.95
Deferred Tax -0.05 0.04 -225.00 -0.05 0.04 -225.00 0.14 0.14 0.00
PAT 3.10 3.38 -8.28 3.10 3.38 -8.28 7.31 7.38 -0.95
Equity 12.81 12.81 0.00 12.81 12.81 0.00 12.81 12.81 0.00
PBIDTM(%) 21.58 20.05 7.63 21.58 20.05 7.63 18.48 28.18 -34.44
Peers
Company Name CMP
Nestle India 1265.00
Varun Beverages 430.00
Britannia Industries 4780.00
LT Foods 417.30
Hatsun Agro Product 1163.90
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